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LSB Industries, Inc. Provides 2018 First Quarter Outlook

LSB INDUSTRIES (LXU)  More Company Research Source: Business Wire
Last lsb industries earnings: 4/24 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investors.lsbindustries.com
PDF Results In-Line with Management Expectations OKLAHOMA CITY--(BUSINESS WIRE)-- LSB Industries, Inc. (NYSE: LXU) (“LSB” or “the Company”), in anticipation of its meetings with debt investors, today announced that it expects total sales for the first quarter of 2018 to be approximately $95 million to $100 million and to report adjusted EBITDA of approximately $20 million to $23 million for the first quarter of 2018, as compared to adjusted EBITDA of $20.0 million for the first quarter of 2017, which included approximately $1.6 million of adjusted EBITDA attributable to businesses sold later in 2017. Additionally, ammonia on-stream rates for the first quarter of 2018 for El Dorado, Pryor and Cherokee were approximately 100%, 91% and 85%, respectively, which represents an improvement overall as compared to the rates for the fourth quarter of 2017 of 77%, 22% and 99%, respectively. The Cherokee ammonia [Read more]

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